NEAL SHENOY

Net Worth: 2.8 billion

Neal Shenoy, 31, is a Co-Founder of Sportsvite. The company expects 2009 revenues in the low eight figures, “growth north of 500%,” says Neal Shenoy, one of Saavn’s co-founders, who manages the three other media companies within Saavn’s parent company 212Media.

“We had no idea how quickly Bollywood and India would penetrate American culture,” Shenoy says.
Shenoy and Saavn’s two other founding partners — CEO Vinodh Bhat and managing director Paramdeep Singh — had witnessed popular media’s gradual but certain infatuation with Bollywood, whose revenues account for roughly 80% of India’s $2 billion film industry. In 2003, rapper Jay-Z sampled London DJ Punjabi MC on the Bollywood-flavored track “Beware of the Boys.”

“Whether it’s Slumdog or Snoop Dogg, future media collaborations will inject Bollywood further into the mainstream.”

Sportsvite has increased its revenue by 90 percent, while Weblog Tools Collection has increased its revenue by 30 percent since using PubMatic.